Answered step by step
Verified Expert Solution
Question
1 Approved Answer
a Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500,000 units: Per Unit Total
a Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500,000 units: Per Unit Total Direct materials $14 Direct labour 9 Variable manufacturing overhead 11 Fixed manufacturing overhead $400,000 Variable selling and administrative expenses Fixed selling and administrative expenses 180,000 The company has a desired ROI of 20%. It has invested assets of $24,200,000. Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, eg. 15.25%.) % Markup percentage e Textbook and Media Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%.) % Markup percentage
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started